secwatch.observer — SEC 8-K summary
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Issuer:     DecisionPoint Systems, Inc. (—)
CIK:        0001505611
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001213900-24-059532
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DecisionPoint Systems acquired by Barcoding Derby Buyer for $10.22 per share, delisted from NYSE American
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- Merger completed July 5, 2024; each share converted into $10.22 cash, no interest.
- All outstanding stock options and RSUs cashed out based on excess over exercise price or full value.
- Trading of DPSI common stock suspended before open on July 5; delisting from NYSE American requested.
- Six directors resigned; Robert Newbold, Micheal Stewart, and Steve Smith appointed as directors.
- Loan agreement with MUFG Union Bank terminated and all debt repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/ea0209011-8k_decision.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-059532

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer